Days in inventory

Formula

Days in inventory formula
DII
days in inventory
ai
average inventory
COGS
total cost of goods sold

Formula description

Days in inventory(DII) is an efficiency ratio that measures the average number of days the company holds its inventory before selling it.

Calculator (how to use calculator?)

Days in inventory formula
ai
COGS
DII
Precision

Formula code

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References

  1. Wikipedia:Days in inventory.

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